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-----Original Message----- From: Hoatson, Tom Sent: Tuesday, June 12, 2001 5:42 PM To: Aucoin, Berney C.; Decker, Charles; Nicolay, Christi; Baughman, Edward D.; Steffes, James; Scheuer, Janelle; Thompkins, Jason; Ader, Jeff; Meyn, Jim; Quenet, Joe; Presto, Kevin M.; Bernstein, Mark; Davis, Mark Dana; Hamlin, Mason; Politis, Nick; Broderick, Paul J.; Hammond, Pearce; Martinez, Posey; Wheeler, Rob; sscott3@enron.com; Novosel, Sarah; Montovano, Steve Subject: Second PJM Regional Transmission Expansion Plan Approved FYI - see below. ----- Forwarded by Tom Hoatson/NA/Enron on 06/12/2001 05:41 PM ----- PJMCustomerRelationsandTraining@pjm.com Sent by: owner-pjm-customer-info@pjm.com 06/11/2001 12:13 PM Please respond to PJMCustomerRelationsandTraining To: pjm-customer-info@risc1.pjm.com cc: Subject: Second PJM Regional Transmission Expansion Plan Approved Message sent from the pjm-customer-info mailing list at pjm-customer-info@majordomo.pjm.com: For Immediate Release REGIONAL TRANSMISSION EXPANSION PLAN APPROVED Plan addresses region's long-term transmission needs (Valley Forge, PA - June 7, 2001) - PJM Interconnection, LLC's Board of Managers approved on Tuesday, June 5 the second Regional Transmission Expansion Plan (RTEP) for the PJM region. The plan includes more than $420 million of transmission facility additions and reinforcements to ensure the continued reliable delivery of electricity in the region and to enhance the robustness of the PJM energy and capacity markets. PJM operates one of the largest electricity grids in the nation - a region that includes all or parts of PA, NJ, DE, MD, VA and D.C. The PJM RTEP, the only such process of its kind in the nation, consolidates the region's transmission needs into a uniform, comprehensive strategy. The RTEP is unique as it is: * Driven by the comprehensive transmission service needs of the region, * Developed based on input from an inclusive group of stakeholders - including transmission owners, generation developers, market participants and representatives from state regulatory bodies, * Recommended by the PJM staff, following extensive evaluation performed in coordination with PJM transmission owners, to ensure the plan meets the needs of the PJM transmission system in the most efficient and effective manner, * Reviewed by all stakeholders in the region through the PJM Transmission Expansion Advisory Committee, and * Reviewed and approved by the PJM Board of Managers for implementation. "The RTEP delivers real results through transmission enhancements and expansions in order to meet the generation and growth needs of the mid-Atlantic region for the next 10 years," said Phillip Harris, PJM chief executive officer and president. "In short, this plan ensures bulk power reliability for our region." PJM's Board of Managers approved the first RTEP in August 2000. As a result of that plan, approximately $300 million of transmission facility additions and reinforcements are currently in design or construction to, in part, accommodate the interconnection of more than 15,000 megawatts of new generating capacity to the PJM region. This second, updated plan includes transmission upgrades to ensure the continuing compliance of the PJM system with regional reliability criteria and to accommodate the interconnection of 43 generation projects, amounting to more than 12,500 megawatts of new generating capacity. The two phases of the plan, approved to date, now include more than $720 million of transmission infrastructure investments and accommodate more than 27,500 megawatts of new generating capacity within the PJM region. The PJM Board of Managers, an independent, eight-member board that has no financial interest in any PJM member, oversees the direction of the PJM office and is responsible for ensuring the safe and reliable operation of the robust and competitive PJM wholesale power market. PJM operates the world's largest competitive wholesale electricity market and one of North America's largest power grids. The company currently coordinates a pooled generating capacity of more than 58,000 megawatts and operates a wholesale electricity market with more than 200 market buyers, sellers and traders of electricity. PJM has administered more than $5 billion in energy and energy service trades since the regional markets opened in 1997. More than 70 nations have sent delegates to PJM to learn about the market model and the operation of the grid in the mid-Atlantic states. ###### Please DO NOT REPLY to this message. If you have a question for PJM Customer Relations and Training, please complete and submit this form: http://www.pjm.com/contact/questions.html To unsubscribe from this list, send an e-mail to majordomo@majordomo.pjm.com containing only the following line in the body of the e-mail: unsubscribe pjm-customer-info
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